Jarden net income more than doubles

SteveGelsi

NEW YORK (MarketWatch) -- Jarden Corp.
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shares rose 6% to $22.69 in recent action, after the Rye, N.Y. owner of Coleman, K2, Mr. Coffee and Rawlings brands posted a boost in profit. Jarden said net income for the second-quarter ended June 30 more than doubled to $43 million, or 56 cents a share from $16.7 million, or 23 cents a share in the year-ago period. Revenue rose 30% to $1.4 billion. Analysts surveyed by FactSet forecast earnings of 64 cents a share.

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